valuation dates and book values, page-87

Just a quick comment on valuations!

With current increases in the resourses and labour, the comercial building industries replacement costs are going up by 5to10% per year.

This information I got out of a independent financial report which was factered in their valuation formula used to value a comercial production facility.

I just think that cnp tangible assets shouldn't be sold to cheaply with replacement costs,time and contingency blow outs.This might make cnp comercial assets more valuable. Just my opinion thats all.